Grant of Share Options under the Sharesave Scheme
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Ceres Power Holdings plc (the "Company"), announces the grant of options on 10 May 2024 under the Ceres Power Holdings plc Sharesave Scheme (the "Scheme"). The Scheme is an 'all employee share scheme' which is available annually to all employees subject to qualifying conditions, which was approved by the HM Revenue & Customs, and which was introduced to encourage wider employee share ownership of the Company.
Options to purchase a total of 3,283,936 ordinary shares of 10 pence of the Company ("Ordinary Shares") have been granted. These options will be exercisable between 1 June 2027 and 30 November 2027 at an exercise price of 106.56p per share.
The following grants were made to Persons Discharging Managerial Responsibilities ("PDMRs"):
| Name | Position | Options Granted |
|---|---|---|
| Caroline Hargrove | Chief Technology Officer | 17,408 |
| Eric Lakin | Chief Financial Officer | 17,408 |
| Michelle Traynor | Chief People Officer | 17,408 |
The notification of dealing forms can be found below.
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |||
| a) | Name | Caroline Hargrove | ||
| 2 | Reason for the notification | |||
| a) | Position/Status | PDMR | ||
| b) | Initial notification/Amendment | Initial notification | ||
| a) | Name | Ceres Power Holdings plc | ||
| b) | LEI | 213800N7AAHSXQUOA733 | ||
| a) | Description of the financial instrument, type of instrument Identification code | Sharesave options over Ordinary Shares of 10 pence each ISIN: GB00BG5KQW09 | ||
| b) | Nature of the transaction | Grant of share options under the Ceres Power Holdings plc Sharesave Scheme | ||
| c) | Price(s) and volume (s) | Price(s) | Volume(s) | |
| 106.56p | 17,408 | |||
| d) | Aggregated information -Aggregated volume -Price | Aggregate Price | Aggregate Volume | Aggregate Total |
| 106.56p | 17,408 | £18,549.96 | ||
| e) | Date of the transaction | 10 May 2024 | ||
| f) | Place of the transaction | N/A | ||
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |||
| a) | Name | Eric Lakin | ||
| 2 | Reason for the notification | |||
| a) | Position/Status | PDMR | ||
| b) | Initial notification/Amendment | Initial notification | ||
| a) | Name | Ceres Power Holdings plc | ||
| b) | LEI | 213800N7AAHSXQUOA733 | ||
| a) | Description of the financial instrument, type of instrument Identification code | Sharesave options over Ordinary Shares of 10 pence each ISIN: GB00BG5KQW09 | ||
| b) | Nature of the transaction | Grant of share options under the Ceres Power Holdings plc Sharesave Scheme | ||
| c) | Price(s) and volume (s) | Price(s) | Volume(s) | |
| 106.56p | 17,408 | |||
| d) | Aggregated information -Aggregated volume -Price | Aggregate Price | Aggregate Volume | Aggregate Total |
| 106.56p | 17,408 | £18,549.96 | ||
| e) | Date of the transaction | 10 May 2024 | ||
| f) | Place of the transaction | N/A | ||
| 1 | Details of the person discharging managerial responsibilities/ person closely associated | |||
| a) | Name | Michelle Traynor | ||
| 2 | Reason for the notification | |||
| a) | Position/Status | PDMR | ||
| b) | Initial notification/Amendment | Initial notification | ||
| a) | Name | Ceres Power Holdings plc | ||
| b) | LEI | 213800N7AAHSXQUOA733 | ||
| a) | Description of the financial instrument, type of instrument Identification code | Sharesave options over Ordinary Shares of 10 pence each ISIN: GB00BG5KQW09 | ||
| b) | Nature of the transaction | Grant of share options under the Ceres Power Holdings plc Sharesave Scheme | ||
| c) | Price(s) and volume (s) | Price(s) | Volume(s) | |
| 106.56p | 17,408 | |||
| d) | Aggregated information -Aggregated volume -Price | Aggregate Price | Aggregate Volume | Aggregate Total |
| 106.56p | 17,408 | £18,549.96 | ||
| e) | Date of the transaction | 10 May 2024 | ||
| f) | Place of the transaction | N/A |
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